Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $302,805. I'd recommend coming to market at $386,000 to $391,000 to strike the right balance between value and market velocity. Among the similar homes currently available in HUNTERS CROSSING SEC THREE, this price point stands out as competitive. Being 303 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2004, this home is 8 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in HUNTERS CROSSING SEC THREE, listed between $295,000 and $1,999,997. The trend in 78602 shows prices have risen 3.6% in the past 6 months. 401 S Hunting Lodge LN, Bastrop TX 78602 nearby adjusts to $302,342; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group